Asian Growth Properties sells Hong Kong land
Asian Growth Properties has sold its land at Fo Tan in Hong Kong to Centralcon Investment Holding for HK$1.4bn (£119m), it said on Wednesday.
Asian Growth Properties Ltd Com Shs (DI)
1.05p
16:34 19/12/17
0.00%
0.00p
Real Estate Investment & Services
2,327.24
17:09 18/11/24
-0.73%
-17.14
The overall capital gain for AGP on the deal is HK$460m (£39m), with the land being valued in August at approximately HK$940m (£80m).
Shares in AGP rose 0.75p to 14.25p at 0943 BST on the back of the news.